IANS | 09 May, 2024
The Delhi Electricity Regulatory Commission (DERC) has granted its
approval for setting up of a Battery Energy Storage System (BESS)
project supported by the Global Energy Alliance for People and Planet
(GEAPP's) concessional loan amounting to 70 per cent of the total
project cost and is in partnership with IndiGrid and BSES Rajdhani Power
Limited (BRPL).
The approved project, a 20 MW/40 MWh BESS, will
be strategically installed at BRPL's 33/11 kV Kilokari substation and is
scheduled to be commissioned in 18-20 months from conceptualisation to
implementation.
India has emerged as a first-mover country in the
BESS Consortium, a multi-stakeholder coalition launched by the GEAPP
Leadership Council, which is focused on scaling energy transitions
worldwide.
BESS, a key enabler for energy transitions, is crucial for India and other countries to realize their transition goals.
Located
at a high demand sub-station, the project will improve the power
quality and enable 24/7 reliable power in the area for over 12,000
low-income consumers.
In collaboration with its alliance
partners, GEAPP is targeting 1GW of BESS commitments in India by 2026,
aligning with India's ambitious goal of deploying 47 GW of BESS by 2032.
"The regulatory approval of the BRPL BESS project marks a
significant milestone in our efforts to integrate renewable energy
sources into the grid and enhance reliability for our consumers," said a
BSES spokesperson.
India's urgent need for BESS integration in
the distribution grid is underscored by the country's substantial
Variable Renewable Energy (VRE) penetration, which exceeds 12 per cent
in certain regions.
